Why Doug DeMuro Thinks the Slate Truck Will Fail

JeffVA

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Another reason demand will be high is because many people "need" a truck, it's not an option. I live in a rural area and we have to haul our trash to a trash collection facility. I'll be damned if I do that with my luxury SUV. I use my truck less than 4k miles per year so this truck will easily last me and my needs for 20+ years.

I was watching another YouTube video on EV batteries and they were reviewing a Ford Lightning. Battery life was still like new after 3 years but what really caught my attention was that he paid $80k for it new and 3 years later it's only worth $42k. Forget battery life, I can afford to lose $20k in 20+ years but $37k in just 3 years? Forget that.

So another reason people are going to buy the Slate is because they simply need a truck, not a Cybertruck fashion statement.
 
 
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